Auction outbid

Discussion in 'Neopets Chit-Chat' started by bladeoftalwar, Jan 8, 2009.

  1. bladeoftalwar

    bladeoftalwar Level IV

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    So i had 1.3 mil and i bid on a ylanas blaster for about 1.05. when i got outbid, i only had 300kish on me.

    1) aren't i suppose to get my money back if i get outbid?
    2) if i submit another bid using my extra bank money, will i get my original bid money back?
     
    #1 bladeoftalwar, Jan 8, 2009
  2. Hally

    Hally Level IV

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    1. No. The money stays in 'escrow' until the auction is over.
    2. Basically when you bid, your money that you bid more goes in to form the bid. You can think of it as when you rebid, you get your money back from before and you make another bid.
     
    #2 Hally, Jan 8, 2009
  3. bladeoftalwar

    bladeoftalwar Level IV

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    ooh i get it now. thakns for clearing that up :)
     
    #3 bladeoftalwar, Jan 8, 2009
  4. dwarvie

    dwarvie Level I

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    actually, i'd like to know why TNT choose to trap out money inside until auction is over when it's obvious someone else beat us
     
    #4 dwarvie, Jan 15, 2009
  5. invaderzimmeh

    invaderzimmeh Level I

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    Dwarvie, it's because if the top bidder doesn't win, it goes to the next highest bidder. That person needs to have the neopoints, so they keep it in escrow.

    (Or at least that's how it used to be...)
     
    #5 invaderzimmeh, Jan 17, 2009